The span of time an investor expects to have a piece of real estate from purchase to sale

References fee structures where the amount of the fee that is charged is expressed by the efficiency of the real estate assets under management

Standing for for heating, ventilating and air conditioning

A mortgage arrangement with equity-like interrelation qualities in both available means and the cost increase of the structure at the period of sale or refinance

In the case of leasing, the term traditionally references the renovations made to or inside a building but would involve any permanent structure or other development, like a street, sidewalk, utilities, etc.